Hoboken Restaurant With Liquor License!!!! Just Reduced!!!!
| Asking Price: | $995,000 | Inventory: | |
| Gross Revenue: | Not Disclosed (comments below) | Real Estate: | n/a |
| Cash Flow: | Not Disclosed | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price |
| Gross Revenue Comments: Serious Inquiries |
Location, License, Lease!!!! This is where everyone wants to be! This is a busy restaurant in the hottest location with a liquor license and a long lease. The license is a "broad C" type. These are tough to come by. If you want to be in THE hot spot in Northern New Jersey, then give us a call: (203)426-5670.
About the Business
Year Established:2006
Employees:6 full time - 14 part time
Facilities:This restaurant has 75 seats inside, with a total of 135 during the warmer weather months. There is plenty of room to move in here with a full basement for storage and offices. You will have an opportunity to enjoy this business for a long time with 5 years left on the current lease, and two 5 year options to follow.
Market Outlook and Competition:This is the location that people want. You cannot ask for better visibility, in a hot locale. There are a number of possibilities here for this restaurant: You can keep the current successful operation in place, or you can change the food and/or take full advantage of the liquor license and capitalize on the bar business.
About the Sale
Seller Financing:Seller will hold $300,000 @ 7% over 5 years for a qualified buyer.
KEYWORDS: restaurant, bar, liquor license, hoboken, new jersey
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